I am hoping the plane that crashed into the Hudson River last week will be a good metaphor for our economy. The engines die. The whole thing is going to go down whether we like it or not, and a ...
Tagged with: economy Hudson River
Read More »I am hoping the plane that crashed into the Hudson River last week will be a good metaphor for our economy. The engines die. The whole thing is going to go down whether we like it or not, and a ...
Tagged with: economy Hudson River
Read More »The U.S. economy is in the throes of a deepening recession and needs a really big dose of fiscal stimulus to help stabilize it. What it doesn’t need is efforts by congressional Republicans to limit the size of the package ...
Tagged with: Barack Obama Ben Bernanke economy Federal Reserve John Boehner stimulus
Read More »President-elect Barack Obama said reviving the U.S. economy will require scaling back on his campaign promises and personal sacrifice from all Americans. “I want to be realistic here, not everything that we talked about during the campaign are we going ...
Tagged with: Barack Obama Congress economy Labor Department TARP Troubled Asset Relief Program
Read More »General Motors Corp. said it has enough government loans to cover its worst-case forecast for U.S. auto sales and won’t need more if the economy holds up. Pledges from the U.S. Treasury for as much as $13.4 billion to help ...
Tagged with: auto sales economy General Motors Corp. George W. Bush Greg Martin Merrill Lynch & Co. U.S. Treasury
Read More »Because the weakened economy translates into less tax revenue, Republican state Sen. Tom Dempsey of St. Charles believes Missouri residents won’t see new state programs this year. Indeed, some corporate tax loopholes could be closed and some tax hikes and ...
Tagged with: economy St. Charles St. Peters Chamber of Commerce tax tax revenue Tom Dempsey
Read More »After a year of denying the U.S. economy was in recession, the herd has turned and is charging full speed in the opposite direction. Now there’s no chance we’ll ever get out of this mess. The financial system is broken. ...
Tagged with: Ben Bernanke economy Federal Reserve Great Depression Northern Trust Corp. Paul Kasriel recession
Read More »The economy has plummeted, but instead of dwelling on the negative Erin Cox wants businesses to think positively and thrive. And learn to tweak some selling skills. “In this economy, businesses do thrive, but many people often throw in their ...
Tagged with: Economic Development Center economy Erin Cox St. Charles
Read More »The engines that have lifted the U.S. economy out of every recession since World War II will be of little help this time around. Inventory rebuilding, household spending, home construction and payroll growth – the forces that powered, to a ...
Tagged with: Ben Bernanke economy Federal Reserve Goldman Sachs Corp. James O'Sullivan recession UBS Securities
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